K-TOP REITS - provides rental housing in the era of single household
http://www.ktopreits.co.kr
http://dart.fss.or.kr/dsaf001/main.do?rcpNo=20160511002261
REITs stands for Real Estate Investment Trusts, meaning that real estate investment trusts. That are companies or investment trusts that collect funds and invest the collected money in real estate or real estate-related loans.
K-TOP REITS is planning to expand their business to meet the reality of Korea, where the number of single-person households is rapidly increasing. The plan is to supply urban rental housings that are close to the workplace and residential areas. For this purpose, they are gonna make a business agreements with Daiwa House Group in Japan, which is one of the best companies in the rental housing, for five years and acquire know-how.
I think K-TOP REITS has more than 6% of steady dividend rate over the past three years. And I also believe that they set a right direction for the business, so I expect the future of the stock price is quite promising.
The investment assets of K-TOP REITS are, currently,
Gimpo Building (commercial facility) - 6, Geolpo-ro, Gimpo-si, Gyeonggi-do
Judies Taehwa (commercial facility) - 684, Jungang-daero, Busanjin-gu, Busan
Miwon Building (business facility) - 70, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul
Hwajeong Building (business facility) - 72, Hwajung-ro, Deogyang-gu, Goyang-si, Gyeonggi-do
Wanjeong Building (business facility) - 649, Wondang-daero, Seo-gu, Incheon
Seocho Building (etc.) - 58, Banpo-daero 4-gil, Seocho-gu, Seoul
Pangyowon Apelbaum (etc.) - 199, Sanun-ro, Bundang-gu, Seongnam-si, Gyeonggi-do